ETH at weekly 0.618 FIB Retracement

-ETH reached a new high at 1751 in recent weeks, creating a resistant zone 1725-1751. It then drops about $126 to a support zone @1625-1641

-This support zone is also a weekly 0.618 Fib Retracement zone.

-STO oversold

-Current Price above ma 200

-Next support @1580-1594

Watch the Price above 1H Bear Trend Line for another test at the resistant zone.

What do you think?
Chart PatternsethideaethlongethreumethsignalsETHUSDTrend Analysis

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